Purwanchal Lube Oil (PLO) plans to issue 500,000 equity shares to the general public through an initial public offering (IPO), with Prabhu Capital Limited serving as the share issue and sales manager.
On Magh 18, 2079, the two parties’ contract was completed. The agreement was signed by Mr. Bholeshwar Dulal, Managing Director of Purwanchal Lube Oil, and Mr. Dinesh Thakali, Managing Director of Prabhu Capital.